Section 19-3B-501 Rights of beneficiary's creditor or assignee. - Alabama Statutes

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Section 19-3B-501

Rights of beneficiary's creditor or assignee.

To the extent a beneficiary's interest is not subject to a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary or other means. The court may limit the award to such relief as is appropriate under the circumstances.

(Act 2006-216, p. 314, §1.)

State Codes and Statutes

Statutes > Alabama > Title19 > Chapter3B > 19-3B-501

Section 19-3B-501

Rights of beneficiary's creditor or assignee.

To the extent a beneficiary's interest is not subject to a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary or other means. The court may limit the award to such relief as is appropriate under the circumstances.

(Act 2006-216, p. 314, §1.)

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State Codes and Statutes

Statutes > Alabama > Title19 > Chapter3B > 19-3B-501

Section 19-3B-501

Rights of beneficiary's creditor or assignee.

To the extent a beneficiary's interest is not subject to a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary or other means. The court may limit the award to such relief as is appropriate under the circumstances.

(Act 2006-216, p. 314, §1.)